Packaged Water Treatment System Market Trends

The Packaged Water Treatment System Market Size was valued at USD 23,276.5 Million in 2023. The Packaged Water Treatment System Market industry is projected to grow from USD 24,859.3 Million in 2024 to USD 46,304.4 Million by 2032, exhibiting a compound annual growth rate (CAGR) of 8.1% during the forecast period (2024 - 2032).

Packaged Water Treatment System Market Overview

The Packaged Water Treatment System market will achieve huge growth in the forecast period. Packaged water treatment systems are an alternative to traditional in-ground treatment systems. The system is also used to hold a large amount of water. One can easily transport This water treatment device to other locations. Water treatment is identical to other treatment methods, but some system models may include unique treatment elements such as adsorptive clarifiers. Both business and residential complexes can use this without having any thought. The growing population, rapid urbanisation, and emerging economies in several countries, for instance, China and India and other Asian countries, are driving the Packaged Water Treatment System Market. 

The system is used in the pharmaceutical manufacturing facility to reduce overall costs. This treatment removes suspended particles from the water and increases the overall water look. In the process, several technologies are used, such as a moving bed biofilm reactor, membrane bioreactor, and others that provide a cost-effective water treatment method. The increasing government regulation for environmental sustainability and technologies used for bottled water and water & wastewater treatment are prominent factors that drive the market.

COVID 19 Analysis

The packaged water treatment system market size has been affected because of the arrival of the novel coronavirus pandemic. The markets have been facing a crunch of resources and skilled labor that is hampering the ability of the market to meet the rising needs of the target audience.

Hence, the global markets and governments are increasing their investment in the research and development departments that will prevent the misuse of water and promote optimal and judicious use.

Packaged Water Treatment System Market Competitive Landscape

The most prominent major key players in the packaged water treatment system market all across the globe are mentioned below:

• Tonka Equipment Company (US)


• Corix Water System (Canada)


• Enviroquip (US)


• Napier Reid (Canada)


• Smith & Loveless Inc. (US)


• WestTech Engineering Inc. (US)


• RWL Water (US)


• Veolia Water Technologies (France)


• WPL Limited (UK)


• GE Water & Process Technologies (US)

Industry News

• The food regulator has asked food commissioners of states and union territories to review the licences granted to bottlers following mounting complaints about packaged still and mineral water being sold without BIS certification in the scorching summer heat.


• The Illinois Environmental Protection Agency (Illinois EPA) is announcing the issuance of $182,222,203 in water infrastructure. The loans are to the local governments and sanitary districts for the third quarter of the Fiscal Year 2022, January – March 2022.


• The Michigan Department of Environment, Great Lakes, and Energy (EGLE) ordered ZF Active Safety US Inc. to install a treatment system. The system addresses unacceptable levels of vinyl chloride contamination stemming from the former Kelsey-Hayes property on Oak Street just north of downtown.

Recent Developments

• The most prominent major key players are highly investing in mergers and acquisitions, joint ventures, and new products.


• GE Water & Process Technologies (US) is spending a considerable sum of money on research and development to get an upper edge over its competitors. This will help the company to enhance its sales revenue.


• The largest market share in the global market is held by the Middle East and African region owing to increasing urbanization coupled with establishments of well-maintained drainage system that drives the market demand in this region.


• Being the fastest-emerging economy, the second-largest market share in the global market is held by the Asia-Pacific region owing to increasing demand for fresh as this region contains highly populous countries like China and India that creates more market demand in this region.

Packaged Water Treatment System Market Dynamics

Drivers

• The packages water treatment system market is on its way to global growth as there has been a huge rise in the global population. The increased degree of urbanization calls for a major boost in the global industry especially during the forecast period that ends in 2028. One of the major factors of the market is that the market products can fit into compact and small places. Also, it helps in reducing installation followed by the civil and labor costs. These are some of the factors that will help the market widen its scope and operations during the forecast period that ends in 2028. There is an increased call for the availability of freshwater resources which is another factor that will drive the market towards growth by the end of the forecast period in 2028.

Restraints

• The rise of growth drivers for the market in the global market during the forecast period is followed by the restraints that will challenge the growth predicts for the market by the market experts and industry leaders. The rising population has brought along issues like less availability of water which is a natural resource. Hence, to curb the same, the global governments are setting tribunals and following strict environmental rules regarding the disposal of water in growing countries like India and China that are a part of the APAC region.

Technology Analysis

• The packaged water treatment system industry is witnessing a close degree of technological development that is resulting in enhancing the degree of expansion that is taking place. Also, industrialization is a recent reality across the major global regions which is likely to boost the degree of opportunities available to the market for growth and development during the forecast period that ends in 2028. Escalating water misuse, pollution, and contamination levels followed by the increased worries amongst the rising global population have positive attributes for the market and expand at an excellent rate during the forecast period of 2021-2028.

Packaged Water Treatment System Market Segmentation

The packaged water treatment market has been divided all across the globe based on type, application, and region.

Based on the Type the market has been divided all across the globe based on the type into SBR, Reverse Osmosis, MBBR, MBR, Extended Aeration, and many others.

Based on the Application the market has been divided all across the globe based on the application into the municipal sector, industrial sector, and others.

Based on the Region the market has been divided worldwide based on the region into the North American region, Asia-Pacific region, European region, Latin American region, and the Middle East and African region.

Packaged Water Treatment System Market Regional Analysis

The packaged water treatment market has been divided all across the globe based on the region into North American region, Asia-Pacific region, European region, Latin American region, and the Middle East and African region. The largest market share in the global market is held by the Middle East and African region owing to increasing urbanization coupled with establishments of well-maintained drainage system that drives the market demand in this region. Moreover, increasing investment by the government for improving the living standard is another driving factor. In 2019, this region held a 36.5% market share.

Being the fastest-emerging economy, the second-largest market share in the global market is held by the Asia-Pacific region owing to increasing demand for fresh as this region contains highly populous countries like China and India that creates more market demand in this region. Moreover, increasing initiatives are taken by governments of various nations for improving water purification systems also creates more market demand in this region. In 2019, this region held a 30% market share.

The third-largest market share in the global market is held by the North American region owing to the presence of countries like the US, Canada, and Mexico coupled with the presence of a large chunk of major key players drive the market demand in this region. Moreover, increasing investment by various private and public enterprises for improving the quality of water is another factor that drives the market demand. In 2019, this region held an 18.2% market share.

The least market share in the global market is held by the Latin American region and the European region owing to low initiatives and investment is done for the treatment of water programs.

Packaged Water Treatment System Market Report Overview

This global packaged water treatment system market research report consists of the following components mentioned below:

• Market Overview


• COVID 19 Analysis


• Market Dynamics


• Technical Analysis


• Market Segmentation


• Regional Analysis


• Competitive Landscape


• Recent Developments

Study Objectives

• To help the potential market investors and buyers understand the market dynamics like the drivers and opportunities that will help the market grow during the forecast period ending in 2028. Also, to understand the factors that will push the market experts and industry leaders to predict the CAGR growth rate and the attainable market revenue by the end of the period.


• To understand the prevailing market trends that will give rise to the global market demand and the basis of the market segmentation that will help in catering to these developing needs.


• To draw a competitive margin and graph between the prominent market players that are functional in various global regions and the recent developments undertaken by the market players that will help in expanding their scale of operations and recognition in the international markets.

This market research report contains factors that drive the growth of the market in the global market and the factors that restrict its growth in the global market. The technical analysis in the global market during the forecasted period is mentioned. The impact of the COVID 19 on the global market is mentioned. The future growth rate in the packaged water treatment system market during the review period is estimated and mentioned.